Equity
€152,334 from €280,279 in 2024
Equity fell by 46% in 1 year.
LUXE CONSTRUCT
Lifetime
6 annual accounts with figures on one time axispeak €187,147 (2021)
€27,578▼ 83.5%
lowest -€127,946 (2025)
-€127,946▼ €220,078
peak €280,279 (2024)
€152,334▼ 45.6%
€160,900▼ 37.2%
peak 0.5 FTE (2024)
-not published
Board3 names since 2019
1 directorPADOVANI Bernard
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €166,737 to €27,578Loss of €127,946Appointment: PADOVANI Bernard (director) 18-12Transfer of 5 shares from BAJRAMI Idriz to MISINI Valdrin 27-03Equity from €280,279 to €152,334Debts from €256,038 to €160,900
Key points
from the 2025 annual accountsResult
-€127,946 -€127,946
From profit to loss in 2025, after a profit of €92,132 in 2024.
Staff
1 employees on 31-12-2025
In 2025, 1 person joined and nobody left.
At the same address
20 companies
Board
1 joined · 1 left
Board changed. Latest change 18-11-2025 · 1 in office.
Position in the sector
-€127,946
Lower net result than 95% of companies in construction of buildings. Sector median €8,551 · 9,446 companies.
Checked score
53
Fair
Financially stronger than 24% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.0%▲ +0.2 percentage points vs 06-2025
08-2025: 0.5%▼ -0.5 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.4%▼ -0.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026lowest value
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 1.7%▲ +1.1 percentage points vs 07-2026highest value
09-2026: 1.7%● unchanged vs 08-2026highest value
10-2026: 1.7%● unchanged vs 09-2026highest value
11-2026: 1.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2019
Loss of €127,946 (financial year 2025)
lowers risk
Size: total assets €313,234
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 57% of them on solvency, 23% on liquidity, 5% on profitability and 11% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as LUXE CONSTRUCT has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LUXE CONSTRUCT itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for LUXE CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78 (1.88 in 2024), above the usual 1.5. Short-term debt is 51.4% and cash 2.6% of total assets. However, 51.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
8 days early
2024
1 day early
2023
27 days late
2022
1 day late
2021
2 days late
2020
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 3 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PADOVANI Bernard 90 sharesdeed of 18-12-2025
- AVDIJA Valon 5 sharesdeed of 18-12-2025
- FLJORIM Saliji 5 sharesdeed of 18-12-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0735384912
Appointment: PADOVANI Bernard (director)
Transfer of 85 shares from EMINOVIK Elvir to PADOVANI Bernard · Transfer of 5 shares from MISINI Valdrin to PADOVANI Bernard · Resignation: EMINOVIK Elvir (director) · General meeting of 18-11-2025 · Gazette deed
Transfer of 5 shares from BAJRAMI Idriz to MISINI Valdrin
Partner: MISINI Valdrin (actief vennoot) · Partner: BAJRAMI Idriz (actief vennoot) · EMINOVIK Elvir holds 85 shares · General meeting of 17-01-2025 · Gazette deed
Transfer of 5 shares from EMINOVIK Elvir to BAJRAMI Idriz
Partner: BAJRAMI Idriz (actief vennoot) · EMINOVIK Elvir holds 85 shares · AVDIJA Valon holds 5 shares · General meeting of 28-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LUXE CONSTRUCT Kraainem | €313,234 | €27,578 | 48.6% | - |
| THERMO-CONSTRUCT Kraainem | €356,102 | €31,104 | 78.8% | - |
| WHN COMPANY Beersel | €278,052 | €29,333 | 51.6% | - |
| Uudis Landen | €363,604 | €32,075 | 13.8% | - |
| Verbiest Alex Tielt-Winge | €245,204 | €29,407 | 49.7% | - |
| Atelier & Constructions Profondeville | €311,186 | €32,199 | 7.3% | 0.5 |
| My Klus Aalst | €262,780 | €27,284 | 23.9% | - |
These companies have the same main activity as LUXE CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €245,000 and €364,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 29-09-2019Normal situation
- Registered office
- 21 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.317.367.9091950 Kraainem, since 29-09-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2026
Annual accounts 2025
- ≈ €190,000estimated
- €313,234▼ 41.6%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on LUXE CONSTRUCT
LUXE CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €931 in 2020 to €27,578 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LUXE CONSTRUCT
- What is the company number of LUXE CONSTRUCT?
- The company number of LUXE CONSTRUCT is 0735.384.912. The VAT number is the same number with BE in front: BE 0735.384.912.
- Where is LUXE CONSTRUCT based?
- The registered office is at Frans Vander Elststraat 4, 1950 Kraainem.Company details
- What does LUXE CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of LUXE CONSTRUCT?
- LUXE CONSTRUCT is a private limited company (BV).
- When was LUXE CONSTRUCT founded?
- LUXE CONSTRUCT was founded on 29-09-2019.
- Is LUXE CONSTRUCT still active?
- Yes, LUXE CONSTRUCT is an active enterprise in the KBO register.
- How many employees does LUXE CONSTRUCT have?
- LUXE CONSTRUCT had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of LUXE CONSTRUCT?
- The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €27,578 and 163 comparable companies (NACE 41001). It probably lies between €110,000 and €350,000.
- Is LUXE CONSTRUCT profitable?
- In financial year 2025, LUXE CONSTRUCT made a loss of €127,946.
- Where can I find the annual accounts of LUXE CONSTRUCT?
- LUXE CONSTRUCT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LUXE CONSTRUCT due?
- LUXE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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